1-bed · 766 sqftTopaz Residences 1, Dubai Silicon Oasis · 7th floor · completed 2016

709, Topaz Residences 1

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 690K29 September 2015
Current rentAED 43K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Topaz Residences 1

What is 709 worth today?

Last sold for AED 690,100 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2023RentedRenewal
AED 42,735/yr12 months · AED 56 per sqft
20 Sep 2022RentedRenewal
AED 40,700/yr12 months · AED 53 per sqft
20 Sep 2021RentedNew contract
AED 37,000/yr12 months · AED 48 per sqft
25 Aug 2020RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
18 Mar 2019RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
29 Sep 2015Sold by developerOff-plan
AED 690,100AED 900 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
1-bed apartment
Size
766 sqft
Floor
7th of 8
Parking
G-122
Developer
Gulf General Investments Co
Completed
2016
Service charge
AED 9,800 /yr
Last sold
AED 690K · September 2015

About 709, Topaz Residences 1

709 is a one-bedroom apartment of 766 sqft on the 7th floor of Topaz Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2016 by Gulf General Investments Co. The developer sold it on 29 September 2015 for AED 690,100, or AED 900 per sqft, 4% below the AED 937 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 42,735 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 9,800 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Topaz Residences 1
600K20152018202120242027Typical sale price by year: 2015 AED 673,316; 2016 AED 672,855; 2017 AED 668,827; 2019 AED 615,000; 2020 AED 501,295; 2021 AED 460,000; 2022 AED 455,000; 2023 AED 495,000; 2024 AED 587,500; 2025 AED 672,500; 2026 AED 720,000Sold by developer, September 2015: AED 690,100 (AED 900 per sqft)

709 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, each contractTypical one-bed in Topaz Residences 1
40K50K60K20192021202320252027Typical rent by year: 2019 AED 46,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 50,000; 2025 AED 56,000; 2026 AED 57,000New contract, March 2019: AED 48,000 a yearNew contract, August 2020: AED 38,000 a yearNew contract, September 2021: AED 37,000 a yearRenewal, September 2022: AED 40,700 a yearRenewal, September 2023: AED 42,735 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Topaz Residences 1, and where 709 sits

All 136 1-beds →

709 last sold in September 2015 at AED 900 per sqft, 4% below what one-beds in Topaz Residences 1 were fetching at the time (AED 937). Over the last 12 months one-beds sold for AED 710,000 to 810,000, around AED 955 per sqft, and rent for AED 30,000 to 78,000 a year. 709's AED 42,735 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 2026715,000
9 Jul 2026710,000
2 Jul 2026725,000
9 Feb 2026810,000
5 1-bed sales in the last 12 months

Topaz Residences 1

Building

136 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2016 by Gulf General Investments Co. 5 sold in the last 12 months.

Typical price per sqft
AED 955
Typical sale
AED 725K
Typical rent
AED 57K /yr
Typical yield
7.8%
Topaz Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 136 units in Topaz Residences 1
Value
7011-bedAED 706K · Oct 2015
7021-bedAED 778K · Sep 2015
7031-bedAED 580K · Dec 2023
7041-bedAED 645K · Feb 2025
7051-bedAED 460K · Feb 2022
7061-bedAED 695K · Apr 2016
7071-bedAED 490K · Jul 2023
1–7 of 16

709, Topaz Residences 1 in numbers

  • Sold once: by Gulf General Investments Co on 29 September 2015 for AED 690,100, or AED 900 per sqft.
  • Rented since March 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 37,000 in 2021 and recovered to AED 42,735 by September 2023.
  • At AED 42,735 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 9,800 a year (AED 12.79 per sqft).
  • One-beds in Topaz Residences 1 sold for AED 710,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 955 per sqft.

Source: Dubai Land Department. Updated 20 September 2023.

Questions about 709, Topaz Residences 1

What did unit 709 last sell for?

AED 690,100 on 29 September 2015, sold by the developer: AED 900 per sqft for 766 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 42,735 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 40,700; the unit has been rented since March 2019.

How big is unit 709?

766 sqft (71.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2016.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Topaz Residences 1 sold for AED 710,000 to 810,000 in the last 12 months, around AED 955 per sqft.

Selling 709? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 709, Topaz Residences 1

Starts from the last sale price (AED 690K, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 690,100
Deposit, UAE resident (20%)
AED 138,020
Deposit, non-resident (40%)
AED 276,040
Monthly over 25 years at 3.7%
AED 2,823

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →